Day: February 12, 2018

Mobile gaming already accounts for the greatest share of video game industry revenue, and it’s expected to be the industry’s biggest growth driver going forward. With so many games already available and a relatively low barrier to entry for newcomer developers, the space is highly competitive, but companies that manage to consistently get hit titles onto smartphone and tablet devices are...
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News has been circulating regarding Jaguar’s first all-electric vehicle, the I-Pace, due out later this year, and rumor has it that the company will soon unveil a couple of new all-electric vehicles (EVs) for the 2019 production year. The luxury manufacturer holds a small percentage of U.S. market share, but its recent moves could propel it into a leadership position...
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The steep fall in Expedia Inc. ‘s (NASDAQ: EXPE) stock last Friday had little to do with the weakness in the broader markets. Expedia released its fourth-quarter and fiscal 2017 earnings on Feb. 8 after the markets closed, and investors weren’t prepared for what they saw: a 31% drop in the online travel company’s fourth-quarter net profit and a 90% jump...
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Marathon Oil (NYSE: MRO) was on a roll last year, with production outpacing expectations each quarter even as spending came in under budget. Furthermore, it achieved that outstanding performance despite battling several headwinds . As a result, the oil producer is on pace to end the year on a high note. We’ll find out whether that was the case when...
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Amazon‘s (AMZN) hire of NBC Entertainment president Jennifer Salke has the prospect of lifting the profile of its also-ran original video production, according to a report today by D.A. Davidson‘s Tom Forte, who reiterates a Buy rating on the shares, and a $1,800 price target. The hiring of Salke, who is responsible for hits such as “This Is Us,” was...
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American depository receipts of Asian stocks were trading 0.60% higher at 181.66 on the Bank of New York Mellon Asia ADR Index on Monday. In North Asia, the gainers were led by online marketing technology company iClick ( ICLK ), and Kingtone Wirelessinfo Solution ( KONE ), a provider of mobile enterprise solutions, which rose 13.3% and 7.5% respectively. They...
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What happened Shares of Cloudera, Inc. (NYSE: CLDR) were up 13.3% in January, according to data provided by S&P Global Market Intelligence , as investors continued their optimism for the company after a strong fiscal third-quarter 2018 earnings report in December. So what Cloudera’s shares have been on a wild ride since the company went public this past April, but...
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Cypress Semiconductor (NASDAQ: CY) , a leading provider of wireless connectivity devices, reported full-year results for 2017 last week. New company records were set for sales, and bottom-line margins continue to improve. This is in stark contrast to the situation just a couple of years ago, when Cypress set out to completely overhaul its business. Here’s how it pulled it...
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Middle East stocks mostly advanced as global markets stabilized after last week’s rout. Petrochemical stocks rose in Saudi Arabia, helped by institutional buying. EFG Hermes said January had seen the highest net foreign fund inflows into Middle Eastern and North African equities since April 2015, of $1 billion, with Saudi Arabia accounting for $703 million of it. In company news,...
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